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Are Russians laundering money in Cyprus?

AdministratorJanuary 20, 2013

Amid growing concerns in Cyprus over its deteriorating financial health, Nicosia has more to worry about - Accusations that the island's banks are washing machines for Russian money. The laundering claims, made by a German magazine, have prompted some eurozone states, including Germany, to say they won't bailout nearly bankrupt Cyprus - unless it comes clean. Nathan Morley reports from Nicosia.

https://p.dw.com/p/17M5G